NAMI Western Carolina Inc

EIN: 561492905 501(c)(3)

Asheville, NC

Total Revenue
$261,547
Total Expenses
$186,409
Total Assets
$387,552
Net Assets
$387,552
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NC
Principal Officer
Boris Fernandez
Phone
8285057353
Tax Period
2024-01-01 to 2024-12-31

NAMI Western Carolina Inc, founded in 1987, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 29% operating margin.

Mission

NAMI provides support, education, advocacy, and public awareness so that all individuals and families affected by mental illness can build better lives.

Program Service Accomplishments

Program 1
Expenses: $159,480 Revenue: $16,630

NAMI Western Carolina provides support, education, advocacy, and public awareness to individuals living with mental health conditions and their families. NAMI offers 15 support groups each month for...

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NAMI Western Carolina provides support, education, advocacy, and public awareness to individuals living with mental health conditions and their families. NAMI offers 15 support groups each month for Buncombe, Henderson, and Madison Counties. 2024 Support Attendance Connection Support Group: 662 Family Support Group: 504 Anxiety Support Group: 85 Next Steps SOS Group: 30 Survivor Tools Art Group: 45

Program 2

Education: NAMI offers education programs including the evidence-based NAMI Family-to-Family 8 week course, the Survivors of Suicide Loss 8 week course, community forums with subject-area experts...

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Education: NAMI offers education programs including the evidence-based NAMI Family-to-Family 8 week course, the Survivors of Suicide Loss 8 week course, community forums with subject-area experts, and the NAMI Ending the Silence youth program. 2024 Education Attendance Family to Family: 41 Survivors of Suicide Loss: 34 Community Education Forum: 60 Ending the Silence: 250

Program 3

Advocacy: NAMI advocacy efforts include working with individuals, families, and the community around the rights of those with mental health conditions and supporting just and equitable policies and...

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Advocacy: NAMI advocacy efforts include working with individuals, families, and the community around the rights of those with mental health conditions and supporting just and equitable policies and practices. NAMI serves on a variety of committees in the region with the goal of mental health access for all. Public Awareness: Part of ensuring mental health access for all means ending stigma for those seeking help. NAMI provides information to the community that goes beyond data and statistics to include sharing the stories of those with lived experience and making meaningful connections.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $244,571
Program Service Revenue $16,630
Investment Income $346
Other Revenue $0
TOTAL REVENUE $261,547

Expense Breakdown

Grants Paid $4,580
Salaries & Benefits $141,740
Fundraising Expenses $7,643
Program Expenses $159,480
Other Expenses $40,089
TOTAL EXPENSES $186,409

Year-over-Year Comparison

2024 2023 Change
Revenue $261,547 $141,601 +0.8%
Expenses $186,409 $126,553 +0.5%
Net Income $75,138 $15,048 +4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
3
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$85,098
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robin Payne Executive Director 40.00
Officer
$85,098 $0 $85,098
Joanne Kalp President 1.00
Officer Director
$0 $0 $0
Doug Harris Vice-President 1.00
Officer Director
$0 $0 $0
Boris Fernandez Treasurer 1.00
Officer Director
$0 $0 $0
Lauren Edgerton Secretary 1.00
Officer Director
$0 $0 $0
Sara Fink Board Member 1.00
Director
$0 $0 $0
Grant Hellyer Board Member 1.00
Director
$0 $0 $0
William Hamilton Board Member 1.00
Director
$0 $0 $0
Krista Engles Board Member 1.00
Director
$0 $0 $0
Katie Huntley Board Member 1.00
Director
$0 $0 $0
Brian Hilligoss Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $261,547 $186,409 $387,552 $75,138
2022 $238,111 $56,396 $297,366 $181,715
2020 $40,997 $27,354 $106,446 $13,643
2019 $27,574 $20,019 $94,500 $7,555
2018 $23,991 $20,137 $85,253 $3,854
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